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Chariot Oil Share Chat (CHAR)



Share Price: 16.00Bid: 16.00Ask: 16.25Change: -0.25 (-1.54%)Faller - Chariot Oil
Spread: 0.25Spread as %: 1.56%Open: 16.00High: 16.00Low: 16.00Yesterday’s Close: 16.25


Share Discussion for Chariot Oil (CHAR)


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Blackfisk21
Posts: 633
Off Topic
Opinion:No Opinion
Price:19.50
More news
4 Jul '14
Have a feeling we're going to see more news before everyone goes off on their hols. In any case Woodside seem like an excellent partner - deep pockets and hungry for more exposure beyond Australia.
 
mcfcnige
Posts: 2,829
Observation
Opinion:No Opinion
Price:19.25
View Thread (2)
RE: RNS
4 Jul '14
Archie..

Seems that way matey..

Larry has got a lot of flak over the past year because nothing was happening but IMO he has done a cracking job..

He has got the company back on an even keel and reduced the risk, we save cash now rather than chuck it away and now we have a healthy cash balance which will grow further this year..

We farm down our asset,s so that when we drill with our partners our costs are paid for..

We could be involved in 2 or 3 drills Next Year, not many oilies on AIM have that to look forward too.
Archiepants
Posts: 3
Off Topic
Opinion:No Opinion
Price:20.50
View Thread (2)
RNS
4 Jul '14
Hello all. Hope all is well in your worlds.... I know, I know, I don't contribute much! but that's because I have nothing useful to add. Is it a case of hold onto you knickers then - things could well be happening at last?
mcfcnige
Posts: 2,829
Observation
Opinion:No Opinion
Price:20.50
2015
4 Jul '14
This is going to sound rampy but here goes...

We could be taking part in 3 drills next year if everything goes to plan...

It looks like we will drill Morocco late next year as we have to get the 3D done first..

Mauritania is drill ready and so hopefully the final farm out for that will be sorted soon..

Centrals are drill ready, we have been in talks for months so hopefully the partner and plan will be announced soon..

We are valued at 40 mill now, fill your boots before we are valued at 150 mill,
Blackfisk21
Posts: 633
Off Topic
Opinion:No Opinion
Price:20.50
View Thread (2)
RE: Blackfisk21
4 Jul '14
So Wheep0, have you heard anything that might suggest more news over the next month?
Blackfisk21
Posts: 633
Off Topic
Opinion:No Opinion
Price:20.50
View Thread (6)
RE: Q3 RNS
4 Jul '14
Spot on
mcfcnige
Posts: 2,829
Observation
Opinion:No Opinion
Price:20.00
View Thread (6)
RE: Q3 RNS
4 Jul '14
Cheer pal, i think there will be follow up news on Mauritania very quickly.

We should have had it last month ,so it must be soon..

The Mauritania prospect is BIG.
hallmark
Posts: 20,723
Off Topic
Opinion:No Opinion
Price:20.00
mcfdnige
4 Jul '14
factor in the fact that cash is pretty much Mcap and all the blue chip partners
Searcher
Posts: 36,128
Observation
Opinion:No Opinion
Price:20.00
View Thread (6)
RE: Q3 RNS
4 Jul '14
mcfcnige, well summed up mate ......
mcfcnige
Posts: 2,829
Observation
Opinion:No Opinion
Price:20.00
View Thread (6)
RE: Q3 RNS
4 Jul '14
Angel...

To be blunt, this is dirt cheap...

TRP had a market cap of nearly 200 mill for one drill at one point and that is there only real asset.

We have a market cap of less than 40 mill, no debt, acreage in Mauritania, Namibia, Morocco and Brazil.

We are also expecting Farm In news for our Centrals acreage in Namibia quite soon..

Also CPR in Mauritania due very very soon.

This is as strong a buy as it gets..



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